House Democrats on Monday ignored calls to reduce incentives and limit those eligible for them, and instead proposed paying $ 1,400 to individuals earning $ 75,000 and married couples earning $ 150,000, as well as their dependents, children and adults alike.
Commission legislation on home methods and tools to be discussed and voted on this week has set aside efforts to reduce payments to $ 1,000 and lower the maximum pay threshold by a third, to $ 50,000 for individuals and $ 100,000 for couples.
The bill also extends temporary unemployment insurance until August 29, raising the weekly extra federal contribution to $ 400 from $ 300, expanding the income tax credit and child tax credit for childless workers, and increasing the affordable health insurance tax benefits for two years to lower health insurance fees.
“Our nation is in pain and our neighbors are crying out for help. We hear them. Said Bill Pascrell Jr., D-9th Dist., A member of the Ways and Means Committee. “We’re playing no small ball: we’re big because no less will be enough.”
But Kevin Brady of Texas, a senior Republican on the Ways and Means Committee, criticized the legislation.
“We need to focus on fighting the virus and rebuilding our economy,” he said. “Unfortunately, the bill submitted to us late in the hour does not match this effort.”
The $ 1,400 checks, along with the $ 600 approved in December, secure the $ 2,000 payments promised by President Joe Biden. They are participating in a $ 1.9 trillion stimulus package that now passes through the House and Senate in a process known as reconciliation that prevents the Filipino and allows Democrats to pass the bill by a majority vote without any Republican support.
To address concerns raised by legislators on both sides that payments would be made to wealthier taxpayers who do not need money, the proposal eliminates all checks for individuals earning more than $ 100,000 and couples with incomes in excess of $ 200,000, including the money of dependents.
Individuals earning between $ 75,000 and $ 100,000 and couples earning between $ 150,000 and $ 200,000 would receive partial payments, including dependents.
Household managers would receive full payments if they earned $ 112,500 and partial payments as long as their income exceeded $ 150,000.
Biden rejected proposals to reduce the salary to $ 1,000, and several Democratic lawmakers have objected to lowering the thresholds below two rounds of incentive payments enacted by President Donald Trump.
– Should we spend less than the Republican administration? Ridiculous, ”said Donald Norcross, D-1st Dist.“ It’s worked well so far. Don’t change it. Let’s focus on trying to help people, not focus on how to make it cheaper. “
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The Senate is still waiting for you. If the bill is passed without Republican votes, it will need the support of all 50 Senate Democrats, and Joe Manchin, U.S. Senate, DW.Va. expressed concern about payments to richer individuals. Manchin and U.S. Senator Susan Collins, R-Maine, have teamed up with a bipartisan amendment to the budget decision to prevent payments from going to “upper-income” households.
Manchin told WV News last week that individuals earning more than $ 50,000 and couples earning more than $ 100,000 should not be paid.
However, on Monday, he did not immediately raise any objections to the domestic democratic plan, all he said was that he wanted to ensure that the recipients really needed it, the pool reports said.
This includes plenty of households earning far more than $ 50,000, especially in high-cost states like New Jersey.
“Lowering the threshold to $ 50,000 will result in a decrease in survival control for millions of struggling Americans and is particularly detrimental to people living in places like New Jersey where the cost of living is higher,” said Bonnie Watson Coleman, D-12th Dist.
“If it were up to me, we would send out all the American checks and later reimburse the money to the rich,” he said. “We have to do it to stop the nickel and the faintly struggling Americans who are in pain now.”
Biden’s Treasury Secretary, Janet Yellen, told CNN on Sunday’s “State of the Union” that “middle-class families in difficulty also need help”.
Jonathan D. Salant available at [email protected].
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